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Updated about 5 years ago,
What Should We Do? Adjustabale Rate HELOC or Fixed Rate HELOC?
-The Fixed Rate HELOC is 5.49% for 20 years.
-Here is the info for the ARM:
-Here is the info for the ARM:
• Rate variable based on Prime -.51%. This rate includes all applicable discounts.
• New minimum monthly payment will be Interest Only
• There is a $50 annual fee that is waived for the first year